Company Expense definition

Company Expense means any expense of the Company which is not an Operational Expense or a Practice Expense. Company Expense shall include, without limitation, the following:

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Company Expense has the meaning set forth in Section 4.2.

Company Expense means any operating and administrative expenses of any member of the Company Group that are paid or incurred by any member of the Company Group and that are not Project Expenses, including payment of the Managing Member’s costs and expenses in accordance with Section 8.7.

Examples of Company Expense in a sentence

• The Manager, in its sole and absolute discretion, shall determine whether a cost or expense is a Manager Expense or Company Expense.

• Unless an expense is expressly designated as a Service Company Expense in this agreement, all expenses incurred by Service Company in providing services pursuant to this agreement shall be Clinic Expenses.

• To the extent that the amount of Broken Deal Expenses allocable to Investor Shares incurred during a period exceeds the amount of Other Fees allocable to Investor Shares received during such period, the Manager may, in its sole discretion, apply such excess amount of Broken Deal Expenses against Other Fees (as described in the preceding sentence) in subsequent periods or seek direct reimbursement of such amounts from the Company as a Company Expense.

• Except as to liens related to Leased Property to be acquired by Purchaser pursuant to Section 7.5, Company shall pay all reasonable costs of obtaining such releases and consents which costs shall be a Company Expense.

• Any transfer taxes or stamp duties, or other similar taxes, fees, charges or expenses (collectively "Transfer Taxes") imposed on the Company shall be divided equally between the Purchaser and the Company, and the total accrued and unpaid amount thereof allocated to the Company shall be treated as a Company Expense.

• Any payment of the Company Expense Reimbursement shall be made by wire transfer of same-day funds to Parent (or its designee(s)).

• Service Company Expense shall specifically include the costs of Service Company and Parent's corporate personnel and the travel costs of such corporate personnel and shall specifically exclude expenses incurred by Service Company or Parent that directly benefit Provider or are otherwise incurred by Service Company or Parent in providing services pursuant to this agreement.

• Parent and the Company shall use their commercially reasonable efforts to assure that, as mutually determined by Parent and the Company, Parent will have sufficient funds at the Closing to pay the Outstanding Parent Expense Amount and the Outstanding Company Expense Amount in full.

• Data practices, ownership of copyright and documents or rights to a patent, are not addressed in the model agreement, because if these are generally issues only when you are hiring the governmental unit for professional/technical services.

• Stockholder understands and acknowledges that (i) Parent and the Purchaser are entering into the Merger Agreement in reliance upon Stockholder’s execution, delivery and performance of this Agreement and (ii) the actual Offer Price may be less than the initial Offer Price in the event that the aggregate amount of the Company’s Expenses exceeds or is expected to exceed the Company Expense Cap as of the Expiration Date as set forth in Section 1.1(c) of the Merger Agreement.

More Definitions of Company Expense

Company Expense means an expense incurred by the Company for the benefit of the Business only, including, by example, but not limitation, all “Company expenses” as set forth in this agreement and the budgets attached hereto or adopted by the Company.

Company Expense means certain expenses borne and paid directly by the Company (whether on its own behalf or on behalf of the Manager) and shall include, without limitation, all out-of-pocket fees, costs, expenses, liabilities and obligations relating or attributable to relating to the Company, the series of Notes, and/or their activities, business, or actual or potential investments, including Expenses.